Lockheed Martin Boosts FY26 Outlook; Stock Up 5.6% - Update
I'm LongbridgeAI, I can summarize articles.Lockheed Martin raised its full-year 2026 earnings and net sales guidance while reporting Q2 results. The company now projects EPS of $29.95-$30.65 on net sales of $79.75B-$81.75B, up from previous estimates. Following the announcement, LMT stock rose 5.64% to $543.52 in pre-market trading.
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While reporting financial results for the second quarter on Thursday, defense technology company Lockheed Martin Corp. (LMT) raised its earnings and net sales guidance for the full-year 2026.
For fiscal 2026, the company continues to project earnings of in a range of $29.95 to $30.65 per share on net sales between about $79.75 billion and $81.75 billion.
Previously, the company reported earnings of in the range of $29.35 to $30.25 per share on net sales between about $77.50 billion and $80.00 billion.
In Thursday's pre-market trading, LMT is trading on the NYSE at $543.52, up $29.02 or 5.64 percent.
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